Birmingham – The UK’s Property Investment Hot Spot

Birmingham – The UK’s Property Investment Hot Spot

Birmingham is the second largest city in the UK outside of London, with excellent prospects for rental and capital appreciation fuelled by the city’s regeneration programmes, connectivity, student population and high quality of living, which combined with its affordability has made Birmingham a buy to let property investment hot spot.

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Strong Rental Demand

Birmingham’s rental growth is forecast to be 16.5% over a 5 year period to 2023 by industry experts JLL, which combined with its affordability makes Birmingham an exceptional opportunity for buy-to-let property investors.

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Increases in Property Prices

• According to Knight Frank, property prices in Birmingham have increased by 16% since June 2016, which is significant in comparison to national growth at 9%.
• Savills have forecast 21.7% regional growth in the West Midlands over a 5-year period to 2024.
• Birmingham's average property price is around £187,000, which is still much lower than the average house price in the UK; therefore, remains very affordable for buy-to-let property investors.

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Regeneration, Infrastructure & Investment

• With the huge level of investment in regeneration projects in the city there is excellent opportunity for capital appreciation.  
• The city of Birmingham is undergoing massive regeneration, including the £700m Paradise project and the £1 billion Smithfield project expected to deliver 3,000 new jobs and £470 million to the city's economy.
• The planned high-speed rail network, HS2, will cut travel time between Birmingham and London to 45 minutes and Manchester to 40 minutes.  
• HS2 combined with broader regeneration is expected to add £1.5 billion to the economy and 22,000 jobs to the region.

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High Quality of Living

Birmingham has the highest quality of living in the UK after London, with its population enjoying the highest level of income after household spend, expected to fuel rapid growth over the next few years.  

Birmingham Student Population

• 75% of Birmingham's population is under 35-years old and 40% is under the age of 25, which is due to Birmingham featuring five universities.
• As the city ranks as the top regional city outside of London for its quality of life, due to affordability of housing, excellent retail and leisure facilities and career prospects with big businesses, it is no surprise that Birmingham has a high level of student retention.
• The progression from student to young professionals is fuelling the demand for quality rental accommodation and boosting house price growth.

The Bank – Birmingham City Centre

The Bank Tower offers a range of luxurious apartments that encapsulate modern city living. With sleek, modern architecture, kitchens with branded integral appliances and 24 hour concierge The Bank Tower is ideal for those looking for the best of luxury city living.

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With the Metro tramline right on the doorstep, an on-site gym and shared open space and with easy transport links to Birmingham’s major universities and businesses, life at The Bank is ideal for young professionals and students.

• Completed, Furnished & Tenanted
• Excellent City Centre Location
• Prices for 1-bedroom apartments from £195,000
• Short-Term Let Available
• Estimated Rental Yields of up to 8.75% NET

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